Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
We are pleased to announce CGI+ has received full entitlements for 639 La Brea and are set to begin development on the hotel/multifamily/retail multi-use project in the Miracle Mile/Mid-Wilshire neighborhood.
David Love, III captain of the last U.S. Ryder Cup team to win in 2016, credited former 2008 captain Paul Azinger for setting the stage for future captains of the Ryder Cup of how to think about being a captain.
Los Angeles, CA
Los Angeles, CA
While it may be challenging for the apartment market to repeat astronomical rent growth from 2021, the outlook remains strong for the next 15 months and beyond.
The apartment market posted torrid growth in 2021, according to a number of industry sources. Apartment List says prices increased more than 11% in the first half of 2021. That growth is double the size of inflation and triple the typical rent growth usually measured...
Asking rents in Los Angeles have increased 7.0% year-over-year as of August, the metro’s highest rate of growth since May 2016, according to Yardi Matrix. That makes the metro part of a national wave that has produced average asking rent growth of 10.3%, which is the highest rate of increase for the U.S. since Yardi began collecting data in the 1908s.
Despite facing roadblocks from the pandemic, materials shortages and a tight labor market, apartment starts were on the rise this summer and completions are expected to hit 334,000 units, according to Yardi Matrix estimates.
In this month’s “One Question with…,” legendary football coach Lou Holtz, we share an excerpt from the book Winning Everyday, The Game Plan for Success which was written by legendary football coach Lou Holtz.
Los Angeles, CA